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katen-ka-za [31]
2 years ago
9

A useful way of standardizing financial statements is to choose a ____ and then express each item relative to the _____.

Business
1 answer:
bulgar [2K]2 years ago
4 0

The most useful way of standardizing financial statements is to choose a _<u>base year</u>,_ and then express each item in the period under review relative to the _amounts____ in the base year.

<h3>What are comparative financial statements?</h3>

Comparative financial statements compare a particular financial statement with previous statements. Previous financial statements are presented in side-by-side columns with the latest figures. With this, investors are able to track a company's progress over some periods and compare the company's financial results and performance with its industry competitors.

Thus, financial statements can be compared using financial ratios, which express the relationships between the various items within a financial statement, or using a base year.

Learn more about comparative financial statements and financial ratios here: brainly.com/question/9091091

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Collaborative and co-operative approach among all the stake holders is important. This is a feature of the _______________ agile
andrezito [222]

Collaborative and co-operative approach among all the stake holders is important. This is a feature of the Dynamic system development method of  agile methodology.

<h3>What is collaborative approach?</h3>

A collaborative  learning approach  can be described as one which involves the operation of the activities or  tasks together within a  group or organization so as to make sure  that everyone participates.

It should be noted that Collaborative and co-operative approach among all the stake holders is important because it help them to work , hand in hand for the progress of the organization.

Find out more on the Dynamic system at brainly.com/question/16797306

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5 0
2 years ago
If the government wants to expand aggregate demand, it can ________ government purchases or ________ taxes.
Jobisdone [24]

If the government wants to expand aggregate demand, it can "rebate" government purchases or "cut" taxes.

<h3>What is aggregate demand?</h3>

The total quantity of demand for all finished products and services generated in an economy is measured as aggregate demand.

Some characteristics of aggregate demand are-

  • The total amount of money spent on those goods and services at a particular price level and time is known as aggregate demand.
  • The correlation between output and all prices can be seen on an aggregate demand curve.
  • In the end, the aggregate demand curve slopes downward because it predicts a fall in real gross domestic product (GDP) as prices rise.
  • Consumer spending, investment spending, government spending, and the difference between exports and imports are all added together to determine aggregate demand.
  • When one of these variables changes but the overall supply stays unchanged, aggregate demand will alter.

To know more about the aggregate demand and aggregate supply model, here

brainly.com/question/16952735

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3 0
1 year ago
What is the price of money
OverLord2011 [107]

Answer:

The price of money is a function of the prices of all other goods and services in the economy. Many economists proxy the price of money using the inverse of an aggregated price index. All else being equal, a higher price level implies a lower price of money; a lower price level implies a higher price of money

5 0
3 years ago
Read 2 more answers
What is the main problem that sellers suffering from marketing myopia​ face?
Tanya [424]
The answer is "<span>They focus more on products than the​ customer's underlying need.".
</span>
Marketing Myopia is marketing term as it shows by its name, referred to short-sighted and inward looking way to deal with promoting that spotlights on the requirements of the organization as opposed to characterizing the organization and its items as far as the clients' needs. It brings about the inability to check and accommodates to the quick changes in their business sectors or markets.
8 0
3 years ago
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Joe is a new broker. how often will he be required to reconcile his escrow account(s)?
storchak [24]

Joe is a new broker. He will be required to reconcile his escrow account monthly.

<h3>Who is a broker?</h3>
  • In order to earn a commission after the trade is completed, brokers organize transactions between buyers and sellers.
  • Brokers that take on dual roles as buyers or sellers are considered primary parties to the transaction.
  • Neither function should be mistaken with that of an agent, who represents the principal party in a transaction.
  • An impartial party whose services are often used in several businesses is a broker.
  • The main duty of a broker is to connect buyers and sellers; as a result, the broker acts as a neutral intermediary between a buyer and a seller.
  • A real estate or stockbroker who helps in the sale of a property would be an example.

To learn more about broker with the given link

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6 0
1 year ago
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